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Pakistan Economic Crisis | Why Is Pakistan's Economy In Trouble? All You Need To Know | IMF
Posted
January 31, 2023
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Jan 31, 20232:28Now PlayingPakistan is in the grip of a massive economic crisis. The rupee continues to plummet, energy is in short supply and inflation continues to soar. The depleting forex reserves, at an all-time low of $3.1 billion, have contributed to the country's woes. The forex reserves can sustain imports for only two to three weeks. Meanwhile, the rising oil prices have also been accompanied by a sharp rise in basic goods. IMF's $1.1 billion aid will be crucial to Pakistan, but what are the reasons that led Pakistan to the brink of this crisis? Here's all you need to know.
#Pakistan #economiccrisis #IMF #economy #ShehbazSharif #oilprice #rupee
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